Markets › Kalshi › Politics
EOs in Trump's second term on Kalshi
If the President signs above 800 Executive Orders during his second term, then the market resolves to Yes.
Settles on: Federal Register.
Market says (typical open contract)
5%
Median YES price across 12 open contracts, 10 Nov 2026 04:28 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
11% 😈
Mostly decided, says the market. You are paying a fee to collect a few cents the market already agrees on.
The cover charge
| If you buy at | Fee per contract | On $50 | Win rate to break even |
|---|---|---|---|
| 5¢ (now) | 0.3¢ | $3.33 | 5.3% |
| 30¢ | 1.5¢ | $2.45 | 31.5% |
| 50¢ | 1.8¢ | $1.75 | 51.7% |
| 70¢ | 1.5¢ | $1.05 | 71.5% |
| 90¢ | 0.6¢ | $0.35 | 90.6% |
Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.
Open contracts right now
| Contract | YES price | Implied | Fee at this price | Real-world odds | Luck needed | Volume | Closes |
|---|---|---|---|---|---|---|---|
| Will the President sign fewer than 300 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Below 300 | 5¢ | 5% | 0.4¢ | — | 11% | 11,220 | Jan 21, 04:59 UTC |
| Will the President sign more than 800 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Above 800 | 2¢ | 2% | 0.1¢ | — | 3% | 9,802 | Jan 21, 04:59 UTC |
| Will the President sign between 400 and 449 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Between 400 and 449 | 20¢ | 20% | 1.1¢ | — | 40% | 6,605 | Jan 21, 04:59 UTC |
| Will the President sign between 350 and 399 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Between 350 and 399 | 16¢ | 16% | 0.9¢ | — | 32% | 5,493 | Jan 21, 04:59 UTC |
| Will the President sign between 450 and 499 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Between 450 and 499 | 16¢ | 16% | 1.0¢ | — | 33% | 5,099 | Jan 21, 04:59 UTC |
| Will the President sign between 300 and 349 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Between 300 and 349 | 1¢ | 1% | 0.1¢ | — | 2% | 4,964 | Jan 21, 04:59 UTC |
| Will the President sign between 500 and 549 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Between 500 and 549 | 10¢ | 10% | 0.6¢ | — | 19% | 4,550 | Jan 21, 04:59 UTC |
| Will the President sign between 650 and 699 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Between 650 and 699 | 1¢ | 1% | 0.1¢ | — | 2% | 4,174 | Jan 21, 04:59 UTC |
| Will the President sign between 600 and 649 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Between 600 and 649 | 2¢ | 2% | 0.1¢ | — | 4% | 3,994 | Jan 21, 04:59 UTC |
| Will the President sign between 550 and 599 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Between 550 and 599 | 6¢ | 6% | 0.4¢ | — | 11% | 3,331 | Jan 21, 04:59 UTC |
| Will the President sign between 700 and 749 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Between 700 and 749 | 1¢ | 1% | 0.1¢ | — | 2% | 2,659 | Jan 21, 04:59 UTC |
| Will the President sign between 750 and 800 Executive Orders between Jan 20, 2025 and Jan 20, 2029? · Between 750 and 800 | 1¢ | 1% | 0.1¢ | — | 2% | 1,339 | Jan 21, 04:59 UTC |
Who actually wins this market
- Whoever posts the resting orders and collects the spread without paying a fee.
- The venue, on every fee.
- Not, on average, the person clicking buy because the chart is going their way. That was us.
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